When the avalanche occurs, no snowflake is innocent!
Reef once again attracts the attention of the entire market👀
Let me briefly explain it. Referring to the operations of the dog dealers during the previous liquidation, the fee rate is often gradually raised at the beginning, accompanied by the gradual increase in trading volume. At this time, there is no problem in boldly going long.
Then the fee rate reached its peak (-3%), and the dog dealers directly began to accelerate the increase, exploding a large number of shorts. It can be seen from the K-line chart that it was directly raised by nearly 50% yesterday. I wonder which short can withstand it under the leverage?
In the case of such a forced short, it is necessary to pay close attention to the changes in trading volume and fee rates (for example, the fee rate remains unchanged, the trading volume gradually decreases, or the fee rate starts to decrease from the full fee rate). Once such a change occurs, do not hesitate, and exit the long position immediately! In this case, the probability of trend reversal is much greater than the probability of continuing the trend!
Having said so much, I also hope that from now on, when you encounter this situation again, you will know what to do, and you will not lose money by entering the market without direction.
If you want to seize this bull market, it is definitely too late to learn and sell now. It is best to have someone to guide you to get started quickly.
I am Qingshan, welcome to communicate!
#加密市场急跌 #美国大选如何影响加密产业? #Meme浪潮持续,你看好哪一个? #SUI走势分析 #BTC能否站穩6W5?